Genesis GV60 Magma: First High-Performance EV Revealed – Specs & Release Date

by Michael Brown - Business Editor
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Genesis marked its 10th anniversary as a standalone luxury brand with the global debut of the GV60 Magma, its first high-performance production vehicle, at the Paul Ricard circuit in France. The launch signals a strategic shift for the Hyundai Motor Group-backed marque, traditionally known for elegant sedans and SUVs, as it enters a more competitive segment. Genesis plans to expand the “Magma” performance line with models like the G80 Magma and GV80 Coupe Magma slated for release around 2027, capitalizing on its rapid sales growth that recently surpassed 1 million units worldwide.

Genesis Unveils First High-Performance Production Model, Signaling New Era for Luxury Brand

Genesis has debuted its first high-performance production vehicle, the GV60 Magma, at a world premiere event held at the Paul Ricard circuit in Le Castellet, France, marking the 10th anniversary of the brand’s launch. The GV60 Magma represents a significant step for Genesis as it aims to establish a new segment blending luxury with high performance.

“Magma is the epitome of the technology and emotion that Genesis has been pursuing,” said José Muñoz, President and CEO of Hyundai Motor Group. “It is the starting point of a high-performance lineup that showcases the direction of the brand for the next 10 years.”

The Magma program, officially announced by Genesis last year, is designed to create a unique offering in the sports car market, combining luxury features with enhanced performance capabilities. The GV60 Magma is the first fully realized model stemming from this initiative.

Genesis has engineered the GV60 Magma with a wider stance and a lowered profile compared to the standard GV60, enhancing its handling and stability. The vehicle features a dedicated Magma three-hole front bumper to optimize airflow and cooling, while a rear spoiler and new side skirts contribute to high-speed stability.

The GV60 Magma boasts a combined maximum output of 448kW (609 horsepower) and 740Nm of torque from its front and rear motors. Utilizing Boost Mode, power increases to 478kW (650 horsepower) and 790Nm. Acceleration from a standstill to 200 km/h is achieved in 10.9 seconds.

Performance enhancements also include an electronic control suspension (ECS), large-diameter braking system, and hydro G-bushings, all designed to improve cornering and braking performance. The GV60 Magma features exclusive Magma drive modes – Sprint, GT, and MY – alongside a Boost Mode that delivers maximum power for up to 15 seconds, a virtual gearshift system (VGS), and a dedicated electric sound experience.

The interior of the GV60 Magma is outfitted with suede materials and bucket seats, reinforcing its high-performance electric vehicle identity.

During the event, Genesis also unveiled the ‘Magma GT Concept,’ providing a glimpse into the future direction of the brand’s performance lineup. This move comes as Genesis rapidly expands its global footprint and product offerings.

Since its launch in 2015 under the leadership of Hyundai Motor Group Chairman Euisun Chung, Genesis has become the fastest global luxury brand to surpass 1 million cumulative sales. The brand’s growth has been fueled by an expanding lineup including the G90, G80, GV80, and GV70, a commitment to electrification, and strategic expansion into overseas markets.

Genesis plans to significantly expand its high-performance lineup in the coming years. Following the GV60 Magma, models such as the G80 Magma and GV80 Coupe Magma are anticipated to launch around 2027. The company intends to strengthen its collaboration with ‘Genesis Magma Racing’ (GMR), integrating technologies proven in motorsports into its production vehicles.

“The GV60 Magma signals Genesis’s full-scale expansion into the dynamic, high-performance segment, moving beyond its established luxury image,” a Genesis representative stated. “The Magma lineup is expected to drive the next phase of growth for the brand.”

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